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2. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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   What is a hardship withdrawal? Retirement plans such as a 401(k) or 403(b) may allow you to take hardship withdrawals. The situation is a bit different for IRA accounts, which permit early ...

3. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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   So if you withdraw $10,000 from your 401(k) account as a hardship withdrawal, your tax burden may increase by up to $2,200. How To Avoid Penalties.

4. 8 ways to take penalty-free withdrawals from your IRA ... - AOL

   www.aol.com/finance/8-ways-penalty-free...

   Similarly, withdrawals can generally be made from a 401(k) to cover higher education expenses if the plan allows hardship withdrawals, but they will be subject to the 10 percent penalty.

5. How To Withdraw Money From Your 401(k) - AOL

   www.aol.com/withdraw-money-401-k-180046714.html

   Hardship distributions are only allowed for the amount needed to relieve the hardship. When does the IRS require that you begin withdrawing from your 401(k)? The IRS requires that you take 401(k ...

6. Tax-Free IRA Withdrawals: Is It Possible? - AOL

   www.aol.com/avoid-paying-taxes-ira-withdrawals...

   Tax advisors are constantly searching for new ways to avoid paying taxes on IRA withdrawals. ... There are some hardship exceptions regarding the early withdrawal penalty and taxes. You don’t ...

7. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   Early 401(k) withdrawals have important tax implications to consider and, ideally, should be avoided. “The early withdrawal penalty amounts to an additional 10% federal tax on the distribution.